US carmaker Tesla delivered a file variety of autos in 2022 as gross sales continued to rise. Final yr, Tesla delivered 1.3 million electrical automobiles, which is 40% greater than in 2021.
The automaker produced almost 1.4 million autos, a rise of 47% in comparison with the earlier yr. Nevertheless, the fourth quarter for the Elon Musk-owned firm was disappointing as Tesla delivered simply 405,278 autos, effectively under the common estimate of 431,000.
Manufacturing within the 4th quarter was affected by fears of a recession and rising rates of interest, which led to a slowdown in demand. In 2022, the automaker’s shares fell 65% resulting from weaker demand.
The corporate missed progress targets for the yr and reduce manufacturing in China. Nevertheless, the producer mentioned it’s pleased with its progress and progress.
“We continued our transition to a extra even regional combine of car builds, which once more led to additional will increase within the variety of autos in transit on the finish of the quarter,” Tesla mentioned in an announcement on Monday.